By David French (Reuters) -Wall Street’s main indexes all ended higher on Monday, with both the Dow Jones Industrial Average and the Nasdaq Composite making it three straight wins, aided by gains by many of the so-called Magnificent Seven tech stocks on a holiday-thinned trading day. With megacap stocks having outsized influence on markets, their … Read more
The Walmart logo is seen outside of one of its stores in Selinsgrove, Pennsylvania. Paul Weaver | Lightrocket | Getty Images Walmart has started giving store-level associates body cameras to wear as part of a pilot program at some of its U.S. locations, CNBC has learned. It’s not clear how many of Walmart’s stores have … Read more
By Jaspreet Singh and Aditya Soni (Reuters) -Office equipment manufacturer Xerox has agreed to buy Chinese-owned printer and printing software maker Lexmark International in a $1.5 billion deal to expand its presence in Asian markets and better compete in an industry upended by the digital age. The purchase from Ninestar, PAG Asia Capital and Shanghai … Read more
Kenny Malone, Jeff Guo, and Adrian Ma/NPR Kenny Malone, Jeff Guo, and Adrian Ma/NPR This year, there was some economic good news to go around. Inflation generally ticked down. Unemployment more or less held around 4-percent. Heck, the Fed even cut interest rates three times. But for a lot of people, the overall economic vibes … Read more
Ferns are growing where there used to be cattle pastures at the El Globo habitat bank and nature reserve in Antioquia, Colombia. In the background are hills that neighbors cleared for cattle pasture. Stan Alcorn/NPR hide caption toggle caption Stan Alcorn/NPR Ferns are growing where there used to be cattle pastures at the El Globo … Read more
With broad new tariffs promised, we look back at the most infamous case of broad tariffs in U.S. history — the Smoot-Hawley Tariff Act. It did not end well. MICHEL MARTIN, HOST: President-elect Trump has floated the idea of imposing a wide range of tariffs in his second term – a 20% baseline on all … Read more
After years of higher interest rates and speculation of a reckoning in the commercial real estate market, the sector may finally regain more momentum in 2025 — albeit at a slower pace than some had hoped for earlier this year. “2025 is a turning point for commercial real estate investment,” Marcus & Millichap CEO Hessam … Read more